Bank of Indonesia unveils new retail payments system
The Bank of Indonesia has launched a new retail payments system to help cut the cost of money transfers and support the growth of the digital economy.
EBANX acquires remittance start-up Remessa Online in $229m deal
Payments unicorn EBANX has purchased remittances company Remessa Online in a deal valued at $229m.
Currencycloud becomes a Visa company
Visa has officially acquired cross-border payments firm Currencycloud in a deal valued at £700m.
Thoma Bravo to acquire PayTech Bottomline in $2.6bn deal
Private equity firm Thoma Bravo has entered a deal to acquire business payments company Bottomline Technologies in an all-cash transaction worth $2.6bn.
Amazon taps Barclays to provide flexible payment offering to customers
Amazon has partnered with Barclays to secure access to Instalments, a flexible payment service that will enable Amazon customers in the UK to pay for products in instalments.
Sokin enters Canadian market to aid global payment transfers for migrants
Payments provider Sokin has entered the Canadian remittances sector to help support the country’s growing migrant population with cheaper money transfers globally.
PayTech Papaya squeezes $50m from Series B to continue expansion
Mobile bill payment application Papaya has raised $50m from a Series B funding round headed by Bessemer Venture Partners.
Card issuing powerhouse Marqeta backs Connexpay in Series B raise
Payments gateway ConnexPay has snared $20m from a Series B funding round headed by card issuing giant Marqeta.
Payment Rails rolls out rebrand to Trolley
Canada-based Payment Rails has rebranded as Trolley, alongside the close of a $7m Series A funding round.
Marqeta widens European presence through expanded Klarna partnership
Klarna has entered 13 new European markets after it expanded its alliance with card issuer Marqeta.
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